住在60年前买的老宅，早餐只吃麦当劳！千亿富豪巴菲特的“清贫
字幕摘录
| 时间 | 英文 | 中文 |
|---|---|---|
| 0:00 | Warren Buffett is worth roughly $147 billion, yet somehow the man still lives like he's poor. | 沃伦·巴菲特价值约1,470亿美元,然而不知何故,他仍然像穷人一样生活着. |
| 0:08 | He drives ordinary cars, eats cheap fast food, lives in the same house he bought decades ago, | 他开普通的车 吃便宜的快餐 住在他几十年前买的房子里 |
| 0:14 | and famously hates wasting money. | 和著名的讨厌浪费钱。 |
| 0:17 | But why does a man with billions choose to live this way? | 但为什么一个有数十亿的人会选择这样生活呢? |
| 0:20 | Let's go through it. | 让我们通过它。 |
| 0:21 | The billionaire in the $31,500 house. | 31500元房里的亿万富翁. |
| 0:23 | Picture a quiet corner lot in | 画个安静的角落 |
| 0:27 | Omaha, Nebraska. | 奥马哈,内布拉斯加州. |
| 0:29 | There's a stucco house built back in 1921, with trees out front and a fence | 1921年建了一座史图科房子 前面有树和栅栏 |
| 0:34 | around the edge. | 围绕边缘。 |
展开字幕全文（491 条）
| 序号 | 英文 | 中文 |
|---|---|---|
| 1 | Warren Buffett is worth roughly $147 billion, yet somehow the man still lives like he's poor. | 沃伦·巴菲特价值约1,470亿美元,然而不知何故,他仍然像穷人一样生活着. |
| 2 | He drives ordinary cars, eats cheap fast food, lives in the same house he bought decades ago, | 他开普通的车 吃便宜的快餐 住在他几十年前买的房子里 |
| 3 | and famously hates wasting money. | 和著名的讨厌浪费钱。 |
| 4 | But why does a man with billions choose to live this way? | 但为什么一个有数十亿的人会选择这样生活呢? |
| 5 | Let's go through it. | 让我们通过它。 |
| 6 | The billionaire in the $31,500 house. | 31500元房里的亿万富翁. |
| 7 | Picture a quiet corner lot in | 画个安静的角落 |
| 8 | Omaha, Nebraska. | 奥马哈,内布拉斯加州. |
| 9 | There's a stucco house built back in 1921, with trees out front and a fence | 1921年建了一座史图科房子 前面有树和栅栏 |
| 10 | around the edge. | 围绕边缘。 |
| 11 | The kind of house you'd drive past without slowing down. | 你开车经过的这种房子不会减速 |
| 12 | You wouldn't guess that | 你不会猜到的 |
| 13 | one of the richest human beings who has ever lived has been walking through its front door | 曾经住过的最富有的人之一 一直走进它的大门 |
| 14 | day after day for close to seven decades. | 日复一日,近七十年来。 |
| 15 | That man is Warren Buffett. | 那个人是沃伦·巴菲特 |
| 16 | As of this summer, | 从今年夏天开始 |
| 17 | Forbes pegged his fortune at roughly $147 billion. | 福布斯将他的财富固定在1,470亿美元左右. |
| 18 | That's more money than most countries will ever | 这比大多数国家都多 |
| 19 | see in their national treasuries. | 参见其国库. |
| 20 | And yet the internet has spent years telling the same story | 然而互联网却花了数年时间讲述同样的故事 |
| 21 | about him. | 关于他。 |
| 22 | That he lives like he's poor. | 他活得像穷人一样 |
| 23 | That he's a billionaire who acts like a pensioner | 他是一个亿万富翁 行为像一个退休者 |
| 24 | clipping coupons at the kitchen table. | 在厨房桌边剪票 |
| 25 | It's a great story. | 说法妙法. |
| 26 | It spreads because it feels almost | 它传播是因为它感觉几乎 |
| 27 | impossible. | 绝对不可能 |
| 28 | So let's do what almost nobody does with it. | 所以,让我们做几乎没人做它。 |
| 29 | Let's go through it piece by piece, | 让我们逐片地通过它, |
| 30 | receipt by receipt, and find out how much of the legend is real and how much has been quietly | 凭收据收到 找出传说中有多少是真实的 有多少是悄悄的 |
| 31 | exaggerated along the way. | 沿途夸张. |
| 32 | Start with the house. | 始从宅起. |
| 33 | Because everything in this story circles back to | 因为这个故事里的一切 都回到了 |
| 34 | it. | 这个 |
| 35 | In 1958, a 27-year-old Buffett bought a five-bedroom home in central Omaha for $31,500, | 1958年,一位27岁的巴菲特以31,500美元的价格在奥马哈市中心购买了一间五间卧室的住宅. |
| 36 | adjusted for inflation. | 按通货膨胀调整。 |
| 37 | CNBC put that at around $329,000 in today's money. | CNBC说今天的钱是329,000美元 |
| 38 | It wasn't a shack even | 连小屋都不是 |
| 39 | back then, but it wasn't a palace either. | 当时,但它也不是一个宫殿。 |
| 40 | According to Alice Schroeder's authorized biography, | 根据爱丽丝·施罗德授权的传记 |
| 41 | The Snowball, Buffett grumbled about the purchase so much that he gave it a nickname, | 雪球,巴菲特 抱怨购买这么多 他给了它一个昵称, |
| 42 | Buffett's Folly. | 巴菲特的福乐。 |
| 43 | In his head, $31,500 wasn't $31,500. | 在他的脑中,31500美元不是31500美元. |
| 44 | It was all the money that some could | 这是所有的钱,一些人可以 |
| 45 | have become if he'd invested it and let it compound for decades. | 已经变成如果他投资 并让它复合几十年。 |
| 46 | It took his wife Susan | 是他老婆苏珊 |
| 47 | to persuade him to buy it at all. | 说服他买下它 |
| 48 | 68 years later, he never left. | 68年后,他从未离开. |
| 49 | He still lives there at 96. | 他还住在那里96。 |
| 50 | The house sits about five minutes' drive from Berkshire Hathaway's headquarters, | 房子坐着大约5分钟 从伯克郡Hathaway的总部, |
| 51 | and Berkshire itself has described his office as being about two miles away. | 而伯克郡自己也形容他的办公室在两英里之外. |
| 52 | His commute is | 他的通勤情况是 |
| 53 | shorter than most people's walk to a bus stop. | 比大多数人步行去公交车站还要短. |
| 54 | What's that house worth now? | 那房子现在值多少钱? |
| 55 | According to | 根据 |
| 56 | Zillow's estimate, about $1,372,200. | 齐洛的估计,约为1,372,200美元. |
| 57 | That's nearly 44 times what he paid. | 这是他付的近44倍。 |
| 58 | Once you adjust for inflation, though, the real gain is only a little more than fourfold. | 但是,一旦你适应通货膨胀, 真正的收益就只有四倍多一点。 |
| 59 | For a man whose company compounded at a pace that made Wall Street dizzy, | 对于一个男人来说,他的公司 复杂的速度使华尔街头晕, |
| 60 | that's a pretty ordinary return. | 这是一个相当普通的回报。 |
| 61 | Buffett knows this better than anyone, and in 2010 he said so | 巴菲特比任何人都清楚这一点,2010年,他这么说 |
| 62 | to his shareholders in writing. | 写给他的股东 |
| 63 | In that year's letter, he offered a confession that sounds | 在当年的信中,他提出一个听起来很... |
| 64 | almost funny coming from him. | 从他嘴里说来 几乎很有趣 |
| 65 | All things considered, the third best investment I ever made was the purchase of my home, | 想想看,我所做的第三个最佳投资 就是买下我的家 |
| 66 | though I would have made far more money had I instead rented and used the purchase money | 我本来可以赚更多钱的 如果我租了,用那笔钱 |
| 67 | to buy stocks. | 买股票。 |
| 68 | His third best. | 他的第三战绩 |
| 69 | And what were the first two? | 头两个是什么? |
| 70 | His wedding rings. | 他的结婚戒指。 |
| 71 | Then came the line that tells you how he thinks about money versus life. | 接下来的台词 告诉你他如何看待金钱与生活 |
| 72 | For the $31,500 I paid | 我付了31500块 |
| 73 | for our house, my family and I gained 52 years of terrific memories with more to come. | 为了我们的房子,我的家人和我 得到了52年的美好记忆 还有更多的未来。 |
| 74 | When the BBC's Evan Davis asked him in 2009 why he never moved, Buffett's answer was disarmingly | 当英国广播公司的埃文·戴维斯(Evan Davis)在2009年问他为什么从未动过时,巴菲特的回答是解除武装. |
| 75 | simple. | 很简单 |
| 76 | He said he was happy there, that he'd move if he thought he'd be happier somewhere else, | 他说他在那里很快乐 如果他觉得自己在别的地方会更快乐 |
| 77 | and that he couldn't imagine having a better house. | 他无法想象有一个更好的房子。 |
| 78 | There's no grand philosophy of self-denial | 没有自我否定的大哲学 |
| 79 | in that. | 在那个。 |
| 80 | It's contentment, plain and simple. | 它的满足, 简单明了。 |
| 81 | Now hold that thought, because the morning routine | 现在保持这个想法,因为早上的例行公事 |
| 82 | that starts inside that house is where the legend gets really good. | 从屋里开始 传奇就传得非常好 |
| 83 | In HBO's 2017 documentary, | 在HBO的2017年纪录片中, |
| 84 | Becoming Warren Buffett, the cameras rode along on his short drive to the office. | 成为沃伦・巴菲特, 摄像头骑着他的短程车去办公室。 |
| 85 | Buffett explained that every morning, while shaving, he'd call out one of three dollar | 巴菲特解释说,每天早晨,在刮胡子的时候,他会喊出三块钱中的一块钱. |
| 86 | amounts to his wife. | 相当于他的妻子。 |
| 87 | $2.61, $2.95 or $3.17. | 2.61美元,2.95美元或3.17美元。 |
| 88 | She'd place that exact amount in a little cup in his | 她会把确切的金额 放在一个小杯子在他的 |
| 89 | car. | 车 |
| 90 | And each number matched one of his three regular McDonald's breakfast orders. | 每个号码都符合他三次普通麦当劳早餐订单中的一次. |
| 91 | The cheapest | 最贱的 |
| 92 | was two sausage patties, which he'd put together himself and wash down with a Coke. | 是两个香肠馅饼,他自己把香肠馅饼放在一起,然后用可乐冲下来。 |
| 93 | The middle one | 中间的那个 |
| 94 | was a sausage, egg and cheese. | 是香肠,鸡蛋和奶酪。 |
| 95 | The top of the menu was a bacon, egg and cheese biscuit. | 菜单的顶部是培根,鸡蛋和奶酪饼干. |
| 96 | And here's | 这里 |
| 97 | part that made the clip famous. | 片段让片段出名 |
| 98 | On a morning when the stock market was down, he told the camera | 在股市倒闭的一天早上 他告诉了摄影机 |
| 99 | he'd skip the $3.17 and settle for the $2.95. | 他会跳过3.17美元 并解决2.95美元。 |
| 100 | A man worth tens of billions of dollars was letting | 一个价值数百亿的人让 |
| 101 | Wall Street's mood talk him out of 22 cents of breakfast. | 华尔街的心情让他从22美分的早餐中脱身. |
| 102 | It's charming, and it's true. | 迷人而实相. |
| 103 | But notice | 但请注意 |
| 104 | something, those prices are from 2016 and 2017. | 这些价格是2016年和2017年的 |
| 105 | They say nothing about today's menu. | 他们没说今天的菜单 |
| 106 | And every | 每个 |
| 107 | post that presents them as current figures is quietly misleading you. | 作为当前数字的帖子会悄悄地误导你。 |
| 108 | Also, the market-linked | 而且,市场联系 |
| 109 | ordering is at least partly a bit Buffett performs for the camera. | 命令至少是Buffett为相机表演的部分动作. |
| 110 | A joke told by a man who knows | 一个知道的人说的笑话 |
| 111 | exactly how funny it sounds. | 听起来很有趣 |
| 112 | We'll come back to what else he was carrying in his wallet during | 我们再来看看他钱包里还有什么 |
| 113 | those drive-through runs, because it changes the story a little. | 那些车流会改变故事 |
| 114 | Then there's the drink that goes | 接下来是饮料 |
| 115 | with the breakfast. | 早餐的时候 |
| 116 | In 2015, Buffett called Fortune's Patricia Sellers and opened with a line | 2015年,巴菲特给"财富"的帕特里夏卖家公司打电话,并用线路开张. |
| 117 | she first assumed was about his stock portfolio. | 她最初认为是他的股票投资 |
| 118 | I'm one quarter Coca-Cola, he told her. | 我四分之一可口可乐,他告诉她。 |
| 119 | He meant | 他是说 |
| 120 | it literally. | 从字面上说 |
| 121 | If I eat 2,700 calories a day, a quarter of that is Coca-Cola. | 如果我每天吃2700卡路里, 四分之一是可口可乐。 |
| 122 | I drink at least | 我至少会喝酒 |
| 123 | five 12-ounce servings. | 5个12盎司 |
| 124 | I do it every day. | 我每天都这样 |
| 125 | He even had a schedule. | 他甚至有一个时间表。 |
| 126 | I have three cokes during the day | 我白天有三杯可乐 |
| 127 | and two at night. | 和两个晚上。 |
| 128 | Regular Coke at the office, Cherry Coke as a treat at home. | 办公室的普通可乐,樱桃可乐作为家里的消遣. |
| 129 | When she asked | 当她问 |
| 130 | how a man in his 80s justified a diet like that, he gave one of the most Buffett answers | 一个80多岁的男子 如何证明饮食是这样的 他给出了一个最伟大的答案 |
| 131 | imaginable. | 不可思议. |
| 132 | I checked the actuarial tables, and the lowest death rate is among six-year-olds. | 我查了精算表 最低的死亡率是六岁的孩子 |
| 133 | Then, | 接下来 |
| 134 | for good measure, it's the safest course I can take. | 为了衡量好,这是最安全的路线,我可以走。 |
| 135 | So far the legend holds up beautifully, | 至今为止,这个传说 维持得很好, |
| 136 | but the next piece of evidence is the one people love most, and it's parked in his garage. | 但下一个证据是人们最爱的 它停在他的车库里 |
| 137 | In 2006, Buffett decided to sell his old car, a 2001 Lincoln Town car. | 2006年,巴菲特决定出售他的旧车,即2001年的林肯城车. |
| 138 | It was light gold, | 这是浅金, |
| 139 | with barely 14,000 miles on the odometer, and a Kelly Blue book value of about $15,000. | 和凯莉蓝的书价约15000美元 |
| 140 | He'd stopped driving it after buying a Cadillac DTS, and the car came with a detail almost too | 他买了一辆凯迪拉克DTS车后就停止了驾驶 车里也几乎还有细节 |
| 141 | perfect to be real. | 完美的真实。 |
| 142 | His personalized license plate read, Thrifty. | 他的个性化车牌是读的,Shrifty。 |
| 143 | He put it on eBay for charity, | 他把它放在eBay的慈善, |
| 144 | with a signed plaque included and promised to personally pick up the winner at the Omaha | 包括一个签名牌匾 并承诺亲自去奥马哈接胜者 |
| 145 | airport. | 机场 |
| 146 | The final bid was $73,200, almost five times what the car was worth. | 最终出价73200美元,几乎是车价的5倍. |
| 147 | With the money going | 有了钱 |
| 148 | to Girls Inc, nine years later, he did it again. | 在九年后,他又做了一次 |
| 149 | 他的2006 Cadillac DTS, 一种金属的比格轿车 | |
| 150 | with about 20,000 miles on it, went up on the Omaha auction site Proxibit, a car valued at | 在奥马哈拍卖场上 一辆价值2万英里的汽车 |
| 151 | $12,000, sold for $122,500, with the proceeds going to Girls Inc of Omaha, a charity his late | 12,000美元,以122,500美元的价格售出, 收入流向奥马哈的Girls Inc,一个慈善机构 他的晚期 |
| 152 | first wife had helped found. | 第一任妻子帮助找到了 |
| 153 | Its replacement was a new Cadillac XTS. | 它的取代者是新的凯迪拉克XTS. |
| 154 | A switch CNN reported came, | CNN的开关报告来了 |
| 155 | after a conversation with General Motors CEO Mary Barra, about what a new car could offer him. | 在和通用汽车公司首席执行官玛丽·巴拉谈过后 说说新车能给他什么 |
| 156 | Do the math on that pattern. | 按这个模式算 |
| 157 | He drives each car for roughly five to eight years and barely puts | 他每辆车都开5到8年 几乎没开过 |
| 158 | miles on it. | 数英里 |
| 159 | Then, instead of trading it in, he turns it into a fundraiser that brings in | 然后,他没有把它交易出去, 而是把它变成一个募捐者,带来 |
| 160 | five to ten times its book value. | 5到10倍于其账面价值. |
| 161 | Keep going, and it gets even more old-fashioned. | 继续走,它会变得更老套 |
| 162 | For years, | 多年来, |
| 163 | the man whose company became one of Apple's biggest shareholders carried a cheap Samsung | 那个公司成为苹果公司最大股东的人 带着一个便宜的三星 |
| 164 | flip phone. | 翻转电话。 |
| 165 | Only in February 2020, at 89, did he announce on CNBC that the flip phone was | 直到2020年2月89时,他才在CNBC上宣布翻转的手机是: |
| 166 | 永久失效,改为iPhone 11. | |
| 167 | Even then, he explained that he used it just | 即便如此,他解释 他只是用它 |
| 168 | to make phone calls, and that Tim Cook was among the people who had given him iPhones over the | 提姆·库克是给过他iPhone的人之一 |
| 169 | years. | 岁月 |
| 170 | Then there's his paycheck. | 还有他的薪水 |
| 171 | Berkshire's own SEC filing states it plainly. | Berkshire自己的证监会档案 明确声明它。 |
| 172 | Mr. Buffett's | 巴菲特先生的电话 |
| 173 | annual compensation has been $100,000 for more than 40 years. | 40多年来,年度补偿为10万美元。 |
| 174 | The board's compensation committee | 赔偿委员会的赔偿委员会 |
| 175 | hasn't proposed a raise since it was created in 2004, and the filing gives the reason. | 自2004年创立以来 就一直没有提议加薪 档案给出了理由 |
| 176 | Due to Mr. Buffett's desire that his compensation remain unchanged, a tiny house by billionaire | 由于Buffett先生希望他的赔偿保持不变 亿万富翁的一栋小房子 |
| 177 | standards, a fast food breakfast, a thrifty license plate, a flip phone, and the same salary for four | 标准,快餐早餐, 节俭的车牌,翻转的电话, 四个人的工资相同 |
| 178 | decades. | 数十年。 |
| 179 | If you stopped the story right here, you'd swear the internet got it exactly right. | 如果你在这里停止报道, 你会发誓,互联网得到了它完全正确。 |
| 180 | But look closer at that $100,000 salary. | 但仔细看看那10万美元的工资。 |
| 181 | There's a second number sitting right next to it in the | 旁边还有第二个号码 |
| 182 | filing, and it's much bigger. | 存档,它更大。 |
| 183 | It's the first crack in the legend, the luxury's nobody mentions. | 这是传说中的第一个裂缝,奢侈品没人提到. |
| 184 | Berkshire's 2026 proxy statement shows something the viral posts almost never mention. | Berkshire2026代理声明显示病毒帖几乎从未提及的东西. |
| 185 | In 2025, | 2025年时, |
| 186 | Buffett's total compensation was $389,488, down from $405,111 the year before. | 巴菲特的赔偿总额为389,488美元,低于前一年的405,111美元. |
| 187 | His salary was still | 他的薪水没变 |
| 188 | the same $100,000. | 同样的10万美元。 |
| 189 | So where did the other few hundred thousand dollars come from? | 其他几十万元是从哪里来的? |
| 190 | Security. | 警卫 |
| 191 | Berkshire pays for personal and home security services for Buffett. | 伯克郡为巴菲特支付个人和家庭保安服务费. |
| 192 | According to the 2025 | 根据2025年 |
| 193 | proxy, that bill came to $305,111 in 2024. | 代理,2024年的账单达到305,111美元. |
| 194 | In fact, CNBC noted that the entire drop in his pay from | 事实上,CNBC指出,他的工资完全从 |
| 195 | one year to the next was due to Berkshire paying less for that security. | 接下来的一年 是因为伯克郡的安保费少了 |
| 196 | The board treats this as | 董事会视此为 |
| 197 | a legitimate business expense. | 合法商业开支。 |
| 198 | Reasoning that he spends a great deal of his time at home working | 是因为他花了很多时间在家里工作 |
| 199 | on Berkshire matters. | 关于伯克郡的事 |
| 200 | That's fair enough. | 这很公平 |
| 201 | And nobody sensible would begrudge a 96-year-old | 没有人会抱怨一个96岁的孩子 |
| 202 | billionaire protection. | 亿万富翁的保护。 |
| 203 | But think about what it means for the story. | 但是想想这对故事的意义 |
| 204 | That modest house on the | 那个谦虚的房子 |
| 205 | corner lot has professional security. | 角楼有专业保安 |
| 206 | That almost nobody else in the neighborhood has. | 这附近几乎没人有 |
| 207 | The modesty is real, so is the protection around it. | 谦者实也,周围之保护也. |
| 208 | There's another popular headline that twists | 还有一个流行的头条曲折 |
| 209 | this filing. | 这个档案。 |
| 210 | The claim that Buffett gives half his salary back. | 声称巴菲特还了一半的工资. |
| 211 | What actually happens is less poetic. | 实际发生的情况不是那么诗意. |
| 212 | Buffett sometimes uses Berkshire staff or has the company cover small personal costs like postage, | 巴菲特有时会使用伯克郡的工作人员,或者让公司支付邮资等小额个人费用, |
| 213 | and then he pays the company back. | 然后他还公司钱 |
| 214 | In 2024, he reimbursed Berkshire $50,000. | 2024年,他偿还了伯克郡5万美元. |
| 215 | It's a reimbursement for personal expenses, not a salary give back. | 这是个人开支的报销,不是薪水还给. |
| 216 | And that salary means | 薪水意味着 |
| 217 | something different once you look at who replaced him. | 你一看谁来代替他 就不一样了 |
| 218 | When Greg Abel became CEO, | 当格雷格·阿贝尔成为首席执行官时 |
| 219 | Berkshire paid him $22 million for 2025, which is roughly 220 times Buffett's salary. | 伯克郡为他支付了2025年的2200万美元,约为巴菲特薪水的220倍. |
| 220 | Berkshire has never been cheap with its top people. | 伯克郡从来就不便宜其顶级人物. |
| 221 | The $100,000 was a personal choice by | 十万元是个人的选择 |
| 222 | one man. | 一个人 |
| 223 | And a symbolic one. | 还有象征意义 |
| 224 | Because his wealth has always lived in his Berkshire stock, | 因为他的财富一直住在他的伯克郡股票里 |
| 225 | not in any paycheck. | 不在任何薪水。 |
| 226 | Now go back to that breakfast. | 现在回去吃早餐吧 |
| 227 | Remember the exact change in the little cup? | 记得小杯子里的具体变化吗? |
| 228 | In a 2007 CNBC interview, Buffett showed off a McDonald's gold card. | 在2007年的CNBC采访中,巴菲特展示了一张麦当劳的金牌. |
| 229 | He explained that it | 他解释说 |
| 230 | eat free at any McDonald's in Omaha for the rest of his life. | 在奥马哈的任何麦当劳免费吃他的余生. |
| 231 | And joked that this was why the Buffett | 开玩笑说这就是巴菲特的原因 |
| 232 | family had Christmas dinner at McDonald's. | 家人在麦当劳吃过圣诞晚餐 |
| 233 | So the exact change ritual isn't a necessity. | 所以,确切的改变仪式不是必须的. |
| 234 | It's a habit performed by a man who technically didn't need to pay at all. | 这习惯是由一个在技术上根本不需要付钱的人所表现的. |
| 235 | It's still endearing, | 感觉还不错 |
| 236 | but it isn't hardship. | 但这不是困难。 |
| 237 | Then there's the second house. | 后有二门. |
| 238 | In 1971, at the urging of his first wife | 1971年,在第一任妻子的催促下 |
| 239 | Buffett bought a vacation home in Emerald Bay, a gated enclave next to Laguna Beach, California, | 巴菲特在翡翠湾买了个度假住宅, 位于加利福尼亚州拉古纳海滩旁边的一个有大门的飞地, |
| 240 | for $150,000. | 15万块 |
| 241 | This was no shed on the sand. | 这不是沙子上的棚子。 |
| 242 | CNBC described it as a six-bedroom, | CNBC形容它是一个6个卧室, |
| 243 | seven-bathroom home of about 3,600 square feet, just steps from the Pacific Ocean. | 大约3600平方英尺的七间洗手间 从太平洋走过来 |
| 244 | The family spent summers there, and Christmas holidays too. | 家人在那里度过夏天,圣诞节也在那里度过. |
| 245 | Bloomberg reported that Buffett would hole up in the master bedroom over Christmas, | 彭博社报道说巴菲特会在圣诞节时躲在主卧室里 |
| 246 | writing his famous annual letter to Berkshire shareholders. | 写他给伯克郡股东的著名年度信 |
| 247 | At one point, he even bought the | 有一次,他甚至买了 |
| 248 | neighboring property, which he said became kind of the annex, before selling it in 2005. | 他说,在2005年出售之前,邻居的房产变成了附属物。 |
| 249 | He kept | 他坚持 |
| 250 | the main beach house for nearly five decades. | 近五十年的主要海滩住宅 |
| 251 | In February 2017, he listed it for $11 million. | 2017年2月,他以1100万美元上市. |
| 252 | It sat on the market. | 它坐在市场上。 |
| 253 | He cut the price to $7.9 million, and in October 2018, | 他将价格削减到790万美元,2018年10月, |
| 254 | it finally sold for around $7.5 million. | 最终以750万美元左右的价格出售. |
| 255 | That timing matters, because you'll often see the | 那个时机很重要,因为你经常看到 |
| 256 | claim that Buffett sold the Laguna house around 2024. | 声称巴菲特在2024年左右卖掉了拉古纳的房子. |
| 257 | He didn't. | 他没有。 |
| 258 | He sold it in 2018, when he was | 他在2018年卖了,当时他 |
| 259 | 88. | 88个 |
| 260 | He also took a steep discount from his original asking price and still walked away | 他还从他最初的价钱里拿了一笔高额的折扣 还走开 |
| 261 | with roughly 50 times what he paid. | 他付了大约50倍的钱 |
| 262 | As the Wall Street Journal pointed out at the time, | 正如华尔街日报当时指出, |
| 263 | it was a perfect illustration of a line he'd written to his investment partners back in 1963. | 这是他1963年写给投资合伙人的线条的完美插图 |
| 264 | Never count on making a good sale. | 永远不要指望做一个好买卖。 |
| 265 | Have the purchase price be so attractive that even a | 买价这么有吸引力吗? |
| 266 | mediocre sale gives good results. | 平庸的销售效果不错. |
| 267 | But set the investment genius aside for a second, | 但把投资天才放在一边 |
| 268 | and look at the plain facts. | 看清楚事实 |
| 269 | A multi-million dollar oceanfront vacation home in a guardgated | 一间保安的海滨度假屋 价值数百万美金 |
| 270 | enclave kept for 47 years is a genuine luxury. | 飞地保留了47年 是一种真正的奢侈 |
| 271 | It's the clearest counter example to the idea | 这是这个想法最明显的反例 |
| 272 | that Buffett lives like he's poor. | 巴菲特活得像个穷人 |
| 273 | And it's not even the biggest one. | 这甚至不是最大的一个。 |
| 274 | The biggest one flies. | 最大的一个飞。 |
| 275 | In 1986, after Berkshire's net worth jumped by about 48% in a single year, | 1986年,贝克郡的网络价值在一年中猛增了约48%, |
| 276 | Buffett picked up the phone and called his friend Walter Scott Jr. His question was how on earth he | 巴菲特拿起电话打给朋友小沃尔特·斯科特 他的问题是他到底怎么了 |
| 277 | justify buying himself a plane. | 为自己买飞机辩护 |
| 278 | Scott's reply has become legendary. | 斯科特的回复变得传奇. |
| 279 | Warren, you don't justify it, | 沃伦,你没有证明 |
| 280 | you rationalize it. | 你把它合理化了。 |
| 281 | Buffett took the advice and, as Schroeder wrote, sheepishly spent $850,000 | 巴菲特接受了这个建议,正如施罗德所写,绵羊花了85万美元 |
| 282 | on a used Falcon 20 jet. | 在一架老鹰20喷射机上 |
| 283 | Schroeder captured how big a leap that was for him. | 施罗德抓住了对他来说有多大的飞跃. |
| 284 | For Buffett, | 对于巴菲特, |
| 285 | it was like leaping in one bound over Mount Kilimanjaro to go from justifying 25 cents | 它就像跳跃在一个束缚 在乞力马扎罗山 从证明25美分 |
| 286 | for a phone call to rationalizing two pilots and an entire airplane. | 给两个飞行员和整个飞机打电话 |
| 287 | Once he'd crossed that line, | 一旦他越过那条线 |
| 288 | he kept going. | 他继续前进。 |
| 289 | In 1989, he sold the first jet and spent $6.7 million on a different used one, | 1989年,他出售了第一架喷气机,花费了670万美元在另一架使用过的喷气机上, |
| 290 | and he confessed the whole thing in his shareholder letter. | 他在股东信中承认了一切 |
| 291 | He joked that shareholders | 他拿股东开玩笑 |
| 292 | might understandably panic if the cost of his upgrades kept multiplying like bacteria. | 如果他的升级成本像细菌一样不断增加的话,也许会感到恐慌。 |
| 293 | His partner Charlie Munger apparently objected to the comparison, on the grounds that it was | 他的搭档Charlie Munger显然反对这一比较,理由是: |
| 294 | unfair to the bacteria. | 对细菌不公平 |
| 295 | He gave the plane a name that was almost a confession, The Indefensible. | 他给飞机起了一个几乎是忏悔的名字,即"无法辩驳". |
| 296 | Years later, having gotten comfortable with the convenience, he quietly renamed it The Indispensable. | 几年后,在得到方便后,他悄悄地把它改名为"无所不能". |
| 297 | Those two names tell you most of what you need to know about how the habit went. | 这两个名字告诉你你需要知道的大部分 关于习惯是如何发生的。 |
| 298 | Today, | 今天,我们... |
| 299 | he doesn't own a jet outright. | 他没有直升飞机 |
| 300 | Berkshire's 2026 proxy states that Buffett is personally | 伯克郡2026年代理商称巴菲特是个人 |
| 301 | a fractional NetJets owner who pays standard rates and that he doesn't use company-owned | 一个分数的NetJets所有者 谁支付标准费率 他不使用公司拥有 |
| 302 | aircraft for personal travel. | 私人旅行飞机。 |
| 303 | 不巧的是,NetJets是Berkshire的一家公司,但结论是 | |
| 304 | is unavoidable. | 这是不可避免的。 |
| 305 | Private aviation is one of the most expensive luxuries a person can buy, | 私人航空是个人最贵的奢侈品之一 |
| 306 | and Buffett has used it for four decades. | 巴菲特已经用了40年了 |
| 307 | Then there's what he wears. | 后有他所着. |
| 308 | For years, Buffett was known for rumpled, ill-fitting suits. | 多年来,巴菲特以粗糙,不合适的西装著称. |
| 309 | Then in 2007, on a trip | 然后在2007年,在一次旅行中 |
| 310 | to Dalian, China, for the opening of a metals factory tied to Berkshire, he answered a knock | 给中国大连开了一家金属厂 和伯克郡有联系 |
| 311 | at his hotel door and found two Chinese tailors who measured him in about eight minutes. | 在他的酒店门口,发现了两名中国裁缝,他们在大约8分钟内测量了他. |
| 312 | Three weeks later, back in Omaha, two custom-made suits arrived that fit him like a second skin. | 三周后,回到奥马哈,两件定制西装运抵,像第二只皮肤一样适合他. |
| 313 | The tailors worked for Dalian Dayang Trans, founded by Lee Gillian, known as Madame Lee, | 裁缝在大连大连大连横店工作,由李吉良创办,人称李夫人. |
| 314 | a farmer's daughter who started with a single sewing machine. | 一个农民的女儿,从一个缝纫机开始。 |
| 315 | You may see her called Dennis | 你可能会看到她叫丹尼斯 |
| 316 | Lee online. | 李在线. |
| 317 | That name doesn't appear in any reputable source. | 这个名字没有出现在任何有声誉的来源中. |
| 318 | By 2009, Fortune reported | 到2009年,财富报 |
| 319 | that Buffett owned nine Dayang suits and a tuxedo, all handmade from fine Italian wool, | 巴菲特拥有九件达扬西装和一件礼服 都用意大利羊毛做的 |
| 320 | and noted that his closet used to include suits from the Italian luxury house | 他的衣柜里有意大利豪华屋的西装 |
| 321 | Ermenageldo Zegna. | 额尔梅纳盖尔多·泽格纳. |
| 322 | By 2017, he said he had about 20 of them. | 至2017年,他表示拥有约20种. |
| 323 | And the price? | 价钱呢? |
| 324 | Madame Lee reportedly refuses to charge him. | 据报道,李夫人拒绝对他提出起诉。 |
| 325 | The suits are gifts. | 衣服是礼物 |
| 326 | That makes them evidence of his | 这让他们能证明他 |
| 327 | fame, not proof that he lives without luxury. | 而不是证明他没有奢侈生活 |
| 328 | So here's where we are. | 这就是我们的位置 |
| 329 | A beach house kept for | 一个海边的房子,为 |
| 330 | nearly half a century, four decades of private flying, Berkshire paid security, a closet of | 将近半个世纪,40年的私人飞行, 伯克郡支付安全, |
| 331 | hand-tailored suits, and a card for free fast food for life. | 手工配制的西装 还有终身免费快餐的卡片 |
| 332 | None of that belongs in a story | 这些都不属于一个故事 |
| 333 | about someone who lives like he's poor. | 关于一个像他一样穷的人 |
| 334 | And yet, stand him next to other billionaires and something | 然而,站在其他亿万富翁旁边 |
| 335 | stays true. | 保持真实。 |
| 336 | He has one house, no yacht, and no private island. | 他有一个房子,没有游艇,也没有私人岛屿。 |
| 337 | And the most revealing part of | 和最揭示的部分 |
| 338 | this story isn't what he bought. | 这个故事不是他买的 |
| 339 | It's the strange way he thinks about every dollar before he spends | 这是奇怪的方式,他想 每块钱之前,他花 |
| 340 | it. | 这个 |
| 341 | That habit started when he was a little boy. | 那习惯始于他小时候 |
| 342 | And it explains the last and most surprising part | 这解释了最后最令人惊讶的部分 |
| 343 | of this story, where all those billions are actually going. | 这个故事,所有那些亿 真正去的地方。 |
| 344 | To understand Warren Buffett's | 为了理解沃伦·巴菲特 |
| 345 | spending, you have to understand a haircut. | 花,你必须明白一个发型。 |
| 346 | According to The Snowball, a young Buffett could | 根据雪球,一个年轻的巴菲特可以 |
| 347 | sometimes be heard muttering to himself, Do I really want to spend $300,000 for this haircut? | 有时候别人会听到自己在胡言乱语, 我真的想花30万来剪头发吗? |
| 348 | He never paid $300,000 for a haircut. | 他从来没有支付30万美元 理发。 |
| 349 | He wasn't losing his mind either. | 他也没疯 |
| 350 | As the | 作为 |
| 351 | Wall Street Journal's Jason Zweig explained, Buffett saw any money he couldn't invest as money that | "华尔街日报"的杰森·兹威格(Jason Zweig)解释道,巴菲特看到了任何他不能投资的钱,作为钱 |
| 352 | would never grow. | 永远不会成长。 |
| 353 | So every dollar spent today carried a huge future price. | 因此,今天花费的每一美元 都带来了巨大的未来代价。 |
| 354 | A few dollars at | 几块钱 |
| 355 | the barber in his head were hundreds of thousands of dollars given up decades later because they | 他脑子里的理发师数十万元 几十年后就放弃了,因为他们 |
| 356 | never got the chance to compound. | 从来没有机会复合。 |
| 357 | He'd absorbed this idea as a child. | 他从小就接受这个想法 |
| 358 | Around age 10, he read a | 10岁左右,他读到 |
| 359 | book about how to make $1,000 and worked out that $1,000 earning 10% a year would grow to almost | 关于如何赚1000元的书 并研究出1000元 一年赚10% 将增长到几乎 |
| 360 | $117,400 in 50 years. | 五十年计117400元. |
| 361 | He later recalled telling himself, That's where the money is. | 他后来回忆说,钱就在那里。 |
| 362 | Once you see | 一旦你看见 |
| 363 | money that way, the rest of his life starts to make sense. | 这样的钱,他的余生开始有意义。 |
| 364 | And he started acting on it very early. | 他很早就开始行动了 |
| 365 | As a little boy, Buffett sold packs of gum and then moved on to selling Coca-Cola door to door, | 作为一个小男孩,巴菲特卖 包口香糖,然后转到卖 可口可乐门到门, |
| 366 | because the margins were better. | 因为边际比较好 |
| 367 | At 13, with his father serving in Congress, he woke at 4.30 in the | 13岁时,他的父亲在国会任职, 他醒来时是4: |
| 368 | morning to deliver the Washington Post and challenged himself to speed up his route through | 早上送《华盛顿邮报》 挑战自己加快行程 |
| 369 | five buildings. | 5栋楼 |
| 370 | He didn't stop at newspapers. | 他没有停在报纸上。 |
| 371 | He tracked which household's magazine subscriptions | 他追踪了哪家杂志的订阅情况 |
| 372 | were expiring and sold them renewals on the side, along with calendars. | 并出售了续订的日历 |
| 373 | That route reportedly earned | 那条路线据说是赚来的 |
| 374 | him around $175 a month, more than his teachers made. | 他每月约175美元 比老师赚的还要多 |
| 375 | At 17, he bought an old pinball machine | 17岁时,他买了一台旧弹球机 |
| 376 | for $25 and cut a friend in on a partnership. | 25美元 和一个朋友合作 |
| 377 | He pitched barbers on letting him put the machine | 他让理发师让他把机器放进去 |
| 378 | {\fn黑体\fs22\bord1\shad0\3aHBE\4aH00\fscx67\fscy66\2cHFFFFFF\3cH808080}在等候区装扮成化妆品 {\fn黑体\fs22\bord1\shad0\3aHBE\4aH00\fscx67\fscy66\2cHFFFFFF\3cH808080}叫威尔逊的硬币 | |
| 379 | Operated Machine Company. | 运营机器公司. |
| 380 | The machine brought in $4 on its first night. | 机器在第一晚上带来了4美元。 |
| 381 | He reinvested and kept going | 他重新投资,继续走 |
| 382 | until he had a small fleet, then sold the business for over $1,000 after about a year. | 直到他拥有一支小型的舰队,然后在大约一年后以超过1000美元的价格出售了这个企业. |
| 383 | All that hustle added up to $5,000 by his teens, or about $53,000 in today's money. | 他的十几岁时赚了5000美元, 也就是今天的53,000美元。 |
| 384 | He had grown up in the Great Depression, and for him, every dollar he didn't spend was ammunition | 他在大萧条时期长大, 对于他来说,他没有花的每一块钱都是弹药 |
| 385 | for the next deal. | 下一个交易。 |
| 386 | That's the key to the whole story. | 这是整个故事的关键。 |
| 387 | Buffett's frugality was never really about | 巴菲特的节俭从来没有真正 关于 |
| 388 | going without. | 没有。 |
| 389 | It was about keeping capital free to compound. | 这是关于保持资本自由 大院。 |
| 390 | And as the fortune grew into something | 随着财富的成长 |
| 391 | almost unimaginable, the thing he actually loves most turned out to cost almost nothing. | 几乎无法想象,他最爱的东西 结果几乎一文不值。 |
| 392 | That thing is bridge. | 那东西是桥 |
| 393 | In a 2017 interview with the Washington Post, he put it simply, | 在2017年华盛顿邮报的采访中,他简单地说, |
| 394 | I play a lot. | 我经常玩 |
| 395 | At least four sessions a week, about two hours a session. | 每周至少举行四届,每届约两小时. |
| 396 | He explained why it | 他解释了为什么 |
| 397 | gets old. | 变老了 |
| 398 | You can play a hand every six or seven minutes every day for the rest of your life, | 你可以在你的余生中每天每六七分钟玩一只手, |
| 399 | and you will never see the same hand. | 你将永远看不到同样的手。 |
| 400 | One of his regular partners online is Bill Gates, | 他的固定搭档之一是比尔·盖茨 |
| 401 | and Buffett has joked that bridge is probably the only game in the world where he has a slight edge | 巴菲特开玩笑说 桥可能是世界上唯一一个 他有微弱优势的游戏 |
| 402 | over his friend. | 为了他的朋友 |
| 403 | So we have a man who can buy anything and chooses to spend his hours on a | 所以,我们有一个男人 谁可以买任何东西 选择花他的时间在一个 |
| 404 | card game. | 纸牌游戏。 |
| 405 | What does he plan to do with the money he doesn't spend? | 他打算怎么处置他不花的钱? |
| 406 | The answer starts with his | 答案是从他的 |
| 407 | Back in 1986, he told Fortune that setting up heirs with a lifetime supply of food stamps, | 1986年,他告诉"福通" 设立继承人 提供终身粮票, |
| 408 | just because they came out of the right womb, could be harmful, and even called it an anti-social act. | 可能有害 甚至称之为反社会行为 |
| 409 | His ideal amount to leave children was enough money so that they would feel they could do | 他离开孩子的理想金额 足够让他们觉得自己可以这么做 |
| 410 | anything, but not so much that they could do nothing. | 但并不太多 他们什么也做不了 |
| 411 | His youngest son Peter, a musician, | 他最小的儿子彼得 音乐家 |
| 412 | later told NPR that his father once turned down his request for a loan in his 20s. | 后来告诉NPR,他的父亲曾经在20多岁的时候拒绝了他的贷款请求. |
| 413 | The real support, Peter said, didn't come in the form of a check, | 真正的支持,彼得说, 不是以支票的形式来的, |
| 414 | that support came in the form of love and nurturing and respect for us finding our way. | 支持的形式是爱 培养和尊重我们找到我们的道路。 |
| 415 | That doesn't mean the fortune skips the family. | 这并不意味着财富会跳过家庭 |
| 416 | It means the family's job is to give it away. | 谓 眷属之职,以施之. |
| 417 | In 2006, Buffett pledged most of his Berkshire stock to five foundations. | 2006年,巴菲特将他大部分的伯克郡股票承诺给了五个基金会. |
| 418 | The largest share went to the Gates Foundation, and the rest went to four family foundations. | 最大份额投向盖茨基金会,其余则投向四个家族基金会. |
| 419 | The Susan Thompson Buffett Foundation, named for his late first wife, | 苏珊·汤普森·巴菲特基金会 以已故第一任妻子的名字命名 |
| 420 | plus foundations run by each of his three children. | 加上他三个孩子各自经营的基金会 |
| 421 | Every summer, the gifts arrived, | 每年夏天,礼物都到 |
| 422 | often worth billions. | 常值数十亿. |
| 423 | Over the years, the Gates Foundation alone received more than $47 billion | 多年来,仅盖茨基金会就收到470多亿美元 |
| 424 | worth of Berkshire stock. | 贝克郡的股票 |
| 425 | Then, 2026 brought a sharp break with that pattern. | 之后,2026年与该图案发生了尖锐的突破. |
| 426 | In early July, | 7月初,我们... |
| 427 | the Wall Street Journal reported that Buffett was holding back his scheduled donation to the Gates | 《华尔街日报》报道说,巴菲特 拖延了对盖茨的捐赠 |
| 428 | Foundation, while a law firm reviewed the charity's past ties to Jeffrey Epstein. | 基金会,同时一家律师事务所审查了慈善机构过去与杰弗里·爱泼斯坦的关系. |
| 429 | On July 14, Berkshire announced the year's gift, and for the first time since 2006, | 7月14日,伯克郡宣布了当年的礼物,也是自2006年以来第一次. |
| 430 | the Gates Foundation was left out entirely. | 盖茨基金会被完全排除在外。 |
| 431 | Instead, nine million Class B shares went to | 反之,九百万B级股票 |
| 432 | the Susan Thompson Buffett Foundation, and one million each went to the Sherwood Foundation, | 苏珊·汤普森·巴菲特基金会 每人有100万去雪伍德基金会 |
| 433 | the Howard G. Buffett Foundation, and the Novo Foundation. | 霍华德·G·巴菲特基金会和诺沃基金会。 |
| 434 | Forbes valued the whole gift at | 福布斯珍视整个礼物 |
| 435 | $6 billion. | 60亿元. |
| 436 | He also set a deadline, and that's the part that stops you. | 他也设定了期限 这也是阻止你的原因 |
| 437 | Under the old plan, his three children would distribute the remaining fortune within 10 | 根据旧计划,他的三个孩子 将在10年内分配剩下的财富 |
| 438 | years after his death. | 在他死后数年 |
| 439 | Now the clock runs to a fixed date, whether he's here or not, | 现在,钟运行到固定的日期, 无论他是否在这里, |
| 440 | as he put it. | 就像他说的 |
| 441 | Think about what that means. | 想想这是什么意思 |
| 442 | The Associated Press put his remaining Berkshire stock | 美联社把他剩下的伯克郡股票 |
| 443 | at more than $140 billion. | 超过1400亿美元。 |
| 444 | All of it is set to leave his hands, headed to charity through | 所有这一切注定要离开他的双手, 走向慈善通过 |
| 445 | foundations his children run, within about eight years. | 他的孩子在8年左右的时间内运作。 |
| 446 | His life at Berkshire has been | 他在伯克郡的一生 |
| 447 | down on a similar schedule. | 在类似的时刻表。 |
| 448 | He stepped down as CEO at the end of 2025, and Greg Abel took over. | 他在2025年底辞去CEO职务,格雷格·阿贝尔接任. |
| 449 | Then on September 18, 2026, just weeks after he turned 96, Berkshire announced that Buffett | 2026年9月18日 贝克希尔在96岁后 宣布巴菲特 |
| 450 | had been named chairman emeritus, effective immediately, and that his son Howard, a Berkshire | 他的儿子霍华德是伯克郡人 |
| 451 | director since 1993, had been elected chairman of the board. | 自1993年以来,主任一直当选为董事会主席。 |
| 452 | Warren stays on as a director. | 沃伦继续当导演 |
| 453 | In the letter he wrote to shareholders that day, he laid out the new division of labor | 他在当天给股东的信中,阐述了新的分工 |
| 454 | in a few plain sentences. | 在几句话里 |
| 455 | Greg runs the company. | 格雷格经营公司。 |
| 456 | Howard will guard its culture and values, | 霍华德会保护它的文化和价值观, |
| 457 | both worth more than anything on our balance sheet. | 都比我们资产负债表上的任何东西都值钱 |
| 458 | Think of Howard as a policy the shareholders own | 将霍华德视为股东拥有的政策 |
| 459 | and hope never to claim against. | 并且希望永远不要反对 |
| 460 | And then, with the dry wit he's used for 60 years, | 然后,用他60年的干劲 |
| 461 | he acknowledged the obvious. | 他承认这很明显。 |
| 462 | Father time always wins, adding, he has however been | 父亲的时间总是赢 加上,他一直 |
| 463 | generous with me. | 宽宏大量 |
| 464 | So does Warren Buffett live like he's poor? | 沃伦·巴菲特像穷人一样生活吗? |
| 465 | The evidence says otherwise. | 证据是相反的 |
| 466 | He flew private for 40 years, in a plane he himself called the Indefensible. | 他私自飞了40年,在飞机上,他自己称之为"不守法者". |
| 467 | He kept a | 他留着一个 |
| 468 | multi-million dollar beach house for nearly half a century. | 将近半个世纪的几百万美元海滩房屋。 |
| 469 | He has professional security paid for | 他付了职业安全费 |
| 470 | by Berkshire, and a closet full of hand-tailored suits he never had to pay for. | 由伯克郡, 和衣柜满 手制的西装 他从来没有支付。 |
| 471 | But the legend | 但传说 |
| 472 | isn't a lie either. | 也不是一个谎言。 |
| 473 | He really does live in the house he bought for $31,500 in 1958. | 他确实住在他1958年买下31500美元的房子里. |
| 474 | He really did take the same $100,000 salary for more than 40 years. | 他的薪水也一样 超过40年了 |
| 475 | He really does keep his cars | 他真的留着他的车 |
| 476 | until they're practically antiques and then sell them for charity at many times their value. | 直到它们几乎是古董 并出售给慈善机构 价值的很多倍。 |
| 477 | And he really does drink five cokes a day and eat like a six-year-old because he likes it. | 他确实每天喝五杯可乐 吃起来像六岁的孩子 因为他喜欢它。 |
| 478 | The truth sits somewhere more interesting than either extreme. | 真相比极端更有趣 |
| 479 | Warren Buffett doesn't | 沃伦·巴菲特不会 |
| 480 | live like he's poor. | 活得像个穷人一样 |
| 481 | He lives like someone who simply doesn't want very much, | 他的生活就像一个人 谁只是不想太多, |
| 482 | and who figured out long ago that money can be counted in two ways. | 谁早就想通了 钱可以用两种方式计算 |
| 483 | One is what it buys you | 一是它给你买的 |
| 484 | today. | 今时. |
| 485 | The other is what it could become, or who it could help if you leave it alone. | 另一种是它会变成什么, 或谁可以帮助 如果你离开它一个人。 |
| 486 | For most of his life, Buffett chose the second way. | 在他一生的大部分时间里,巴菲特选择了第二种方式. |
| 487 | And now, at 96, he's giving nearly all of | 而现在,96岁,他给了几乎所有 |
| 488 | Thank you for watching. | 谢谢你的观看。 |
| 489 | If you enjoyed watching this video, click on one of the boxes playing on | 如果您喜欢看这段视频,请点击其中的一盒播放 |
| 490 | your screen to watch more similar content. | 您的屏幕可以查看更相似的内容。 |
| 491 | If you enjoyed watching this video, | 如果你喜欢看这个视频, |
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